2024 Q2 Form 10-Q Financial Statement

#000117492224000082 Filed on May 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1
Revenue $1.733B $1.863B
YoY Change 8.59% 30.85%
Cost Of Revenue $979.3M $1.034B
YoY Change 7.93% 26.27%
Gross Profit $753.6M $828.6M
YoY Change 9.46% 37.07%
Gross Profit Margin 43.49% 44.48%
Selling, General & Admin $264.7M $271.6M
YoY Change 2.88% 4.56%
% of Gross Profit 35.13% 32.78%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $162.2M $158.1M
YoY Change 4.78% 2.6%
% of Gross Profit 21.52% 19.08%
Operating Expenses $264.7M $271.6M
YoY Change 2.88% 4.56%
Operating Profit $269.7M $362.9M
YoY Change 7.72% 114.11%
Interest Expense $174.6M $182.4M
YoY Change -8.22% -2.84%
% of Operating Profit 64.75% 50.26%
Other Income/Expense, Net -$115.5M -$166.4M
YoY Change -2.32% -0.55%
Pretax Income $154.2M $196.5M
YoY Change 16.7% 8980.96%
Income Tax $7.935M $20.01M
% Of Pretax Income 5.15% 10.18%
Net Earnings $111.9M $144.2M
YoY Change 6.43% 1069.45%
Net Earnings / Revenue 6.46% 7.74%
Basic Earnings Per Share $1.01 $1.30
Diluted Earnings Per Share $0.91 $1.30
COMMON SHARES
Basic Shares Outstanding 112.1M shares 112.1M shares
Diluted Shares Outstanding 111.2M shares 111.3M shares

Balance Sheet

Concept 2024 Q2 2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.879B $3.269B
YoY Change -26.96% -14.95%
Cash & Equivalents $2.379B $2.420B
Short-Term Investments $500.0M $848.7M
Other Short-Term Assets $103.3M $131.1M
YoY Change -5.07% 15.77%
Inventory $72.15M $73.69M
Prepaid Expenses
Receivables $189.7M $186.7M
Other Receivables $127.9M $110.5M
Total Short-Term Assets $3.373B $3.771B
YoY Change -22.5% -11.34%
LONG-TERM ASSETS
Property, Plant & Equipment $6.493B $6.607B
YoY Change -4.12% -3.22%
Goodwill $18.50M $18.50M
YoY Change -79.56% -79.56%
Intangibles
YoY Change
Long-Term Investments $517.6M
YoY Change
Other Assets $732.4M $378.1M
YoY Change 154.46% 49.06%
Total Long-Term Assets $9.917B $9.700B
YoY Change 5.15% 2.42%
TOTAL ASSETS
Total Short-Term Assets $3.373B $3.771B
Total Long-Term Assets $9.917B $9.700B
Total Assets $13.29B $13.47B
YoY Change -3.58% -1.85%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $200.7M $176.4M
YoY Change 12.42% -3.69%
Accrued Expenses $620.5M $675.3M
YoY Change -1.22% 21.96%
Deferred Revenue $488.6M $489.9M
YoY Change -1.92% -0.2%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $1.291B $1.291B
YoY Change 3030.41% 802.12%
Total Short-Term Liabilities $2.601B $2.633B
YoY Change 93.23% 92.07%
LONG-TERM LIABILITIES
Long-Term Debt $9.739B $9.920B
YoY Change -19.52% -18.06%
Other Long-Term Liabilities $234.4M $228.8M
YoY Change 0.81% -2.62%
Total Long-Term Liabilities $9.974B $10.15B
YoY Change -19.14% -17.77%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.601B $2.633B
Total Long-Term Liabilities $9.974B $10.15B
Total Liabilities $14.19B $14.42B
YoY Change -7.19% -6.02%
SHAREHOLDERS EQUITY
Retained Earnings -$1.867B -$1.951B
YoY Change 6450.27% -27.74%
Common Stock $1.335M $1.335M
YoY Change 0.45% 0.53%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.919B $1.849B
YoY Change 17.28% 13.12%
Treasury Stock Shares
Shareholders Equity -$109.8M -$137.0M
YoY Change
Total Liabilities & Shareholders Equity $13.29B $13.47B
YoY Change -3.58% -1.85%

Cashflow Statement

Concept 2024 Q2 2024 Q1
OPERATING ACTIVITIES
Net Income $111.9M $144.2M
YoY Change 6.43% 1069.45%
Depreciation, Depletion And Amortization $162.2M $158.1M
YoY Change 4.78% 2.6%
Cash From Operating Activities $352.8M $315.1M
YoY Change -2.35% 85.91%
INVESTING ACTIVITIES
Capital Expenditures $96.23M $97.70M
YoY Change -23.64% -21.5%
Acquisitions
YoY Change
Other Investing Activities -$7.973M -$69.70M
YoY Change -97.22% -27221.4%
Cash From Investing Activities -$104.2M -$167.4M
YoY Change -74.73% 26.88%
FINANCING ACTIVITIES
Cash Dividend Paid $27.96M
YoY Change 15876.57%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $956.7M
YoY Change -6.11%
Cash From Financing Activities -291.4M -$604.4M
YoY Change 108.45% -599.46%
NET CHANGE
Cash From Operating Activities 352.8M $315.1M
Cash From Investing Activities -104.2M -$167.4M
Cash From Financing Activities -291.4M -$604.4M
Net Change In Cash -42.87M -$459.1M
YoY Change -77.54% -394.31%
FREE CASH FLOW
Cash From Operating Activities $352.8M $315.1M
Capital Expenditures $96.23M $97.70M
Free Cash Flow $256.5M $217.4M
YoY Change 9.06% 382.83%

Facts In Submission

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CY2024Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates</span></div><div style="text-align:justify;text-indent:22.5pt"><span><br/></span></div><div style="text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates and assumptions reflected in the financial statements relate to and include, but are not limited to, inputs into the Company's estimated allowance for deferred tax assets and credit losses, estimates regarding the useful lives and recoverability of long-lived and intangible assets, valuations of derivatives, and litigation and contingency estimates.</span></div>
CY2024Q1 wynn Gaming Tax Expenses
GamingTaxExpenses
488800000 usd
CY2023Q1 wynn Gaming Tax Expenses
GamingTaxExpenses
310400000 usd
CY2024Q1 us-gaap Restricted Cash Equivalents Current
RestrictedCashEquivalentsCurrent
550000000 usd
CY2024Q1 us-gaap Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss Current
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLossCurrent
298700000 usd
CY2024Q1 us-gaap Debt Securities Held To Maturity Fair Value Current
DebtSecuritiesHeldToMaturityFairValueCurrent
298600000 usd
CY2024Q1 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
100000 usd
CY2024Q1 us-gaap Debt Securities Held To Maturity Accrued Interest After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAccruedInterestAfterAllowanceForCreditLoss
12200000 usd
CY2023Q4 us-gaap Restricted Cash Equivalents Current
RestrictedCashEquivalentsCurrent
550000000 usd
CY2023Q4 us-gaap Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss Current
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLossCurrent
295200000 usd
CY2023Q4 us-gaap Debt Securities Held To Maturity Fair Value Current
DebtSecuritiesHeldToMaturityFairValueCurrent
294800000 usd
CY2023Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
400000 usd
CY2023Q4 us-gaap Debt Securities Held To Maturity Accrued Interest After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAccruedInterestAfterAllowanceForCreditLoss
8700000 usd
CY2024Q1 us-gaap Other Than Temporary Impairment Losses Investments Heldtomaturity Securities
OtherThanTemporaryImpairmentLossesInvestmentsHeldtomaturitySecurities
0 usd
CY2023Q1 us-gaap Other Than Temporary Impairment Losses Investments Heldtomaturity Securities
OtherThanTemporaryImpairmentLossesInvestmentsHeldtomaturitySecurities
0 usd
CY2024Q1 us-gaap Goodwill
Goodwill
18500000 usd
CY2024Q1 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2024Q1 us-gaap Cash
Cash
1218328000 usd
CY2023Q4 us-gaap Cash
Cash
1076474000 usd
CY2024Q1 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
1201875000 usd
CY2023Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
1802712000 usd
CY2024Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2420203000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2879186000 usd
CY2024Q1 us-gaap Restricted Cash
RestrictedCash
90146000 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
90226000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2510349000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2969412000 usd
CY2024Q1 wynn Restricted Cash Bank Guarantee
RestrictedCashBankGuarantee
86900000 usd
CY2023Q4 wynn Restricted Cash Bank Guarantee
RestrictedCashBankGuarantee
87000000 usd
CY2024Q1 us-gaap Interest Paid Net
InterestPaidNet
183812000 usd
CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
181667000 usd
CY2024Q1 us-gaap Stock Issued1
StockIssued1
8015000 usd
CY2023Q1 us-gaap Stock Issued1
StockIssued1
6639000 usd
CY2024Q1 wynn Accounts Payable Current Amount Relatedto Property Plantand Equipment
AccountsPayableCurrentAmountRelatedtoPropertyPlantandEquipment
58096000 usd
CY2023Q1 wynn Accounts Payable Current Amount Relatedto Property Plantand Equipment
AccountsPayableCurrentAmountRelatedtoPropertyPlantandEquipment
42911000 usd
CY2024Q1 wynn Intangible Assets Other Liabilities Incurred
IntangibleAssetsOtherLiabilitiesIncurred
199807000 usd
CY2023Q1 wynn Intangible Assets Other Liabilities Incurred
IntangibleAssetsOtherLiabilitiesIncurred
203926000 usd
CY2024Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
3333000 usd
CY2023Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
400000 usd
CY2024Q1 us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
850000 usd
CY2023Q1 us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
1804000 usd
CY2024Q1 wynn Intangible Assets Other Liabilities Incurred Gaming Premium
IntangibleAssetsOtherLiabilitiesIncurredGamingPremium
196900000 usd
CY2023Q1 wynn Intangible Assets Other Liabilities Incurred Gaming Premium
IntangibleAssetsOtherLiabilitiesIncurredGamingPremium
199600000 usd
CY2024Q1 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
337814000 usd
CY2023Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
381787000 usd
CY2024Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
40622000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
40075000 usd
CY2024Q1 us-gaap Receivables Net Current
ReceivablesNetCurrent
297192000 usd
CY2023Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
341712000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
40075000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
78842000 usd
CY2024Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
87000 usd
CY2023Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-544000 usd
CY2024Q1 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
2519000 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
22220000 usd
CY2024Q1 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
2987000 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
1294000 usd
CY2024Q1 wynn Accounts Receivable Allowance For Credit Loss Effect Of Exchange Rate
AccountsReceivableAllowanceForCreditLossEffectOfExchangeRate
-8000 usd
CY2023Q1 wynn Accounts Receivable Allowance For Credit Loss Effect Of Exchange Rate
AccountsReceivableAllowanceForCreditLossEffectOfExchangeRate
-236000 usd
CY2024Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
40622000 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
57136000 usd
CY2024Q1 wynn Othergamingrelatedliabilities
Othergamingrelatedliabilities
20526000 usd
CY2023Q4 wynn Othergamingrelatedliabilities
Othergamingrelatedliabilities
24964000 usd
CY2024Q1 wynn Changeinothergamingrelatedliabilities
Changeinothergamingrelatedliabilities
-4438000 usd
CY2023Q1 wynn Othergamingrelatedliabilities
Othergamingrelatedliabilities
33452000 usd
CY2022Q4 wynn Othergamingrelatedliabilities
Othergamingrelatedliabilities
31265000 usd
CY2023Q1 wynn Changeinothergamingrelatedliabilities
Changeinothergamingrelatedliabilities
2187000 usd
CY2024Q1 wynn Loyaltyprograms
Loyaltyprograms
28747000 usd
CY2023Q4 wynn Loyaltyprograms
Loyaltyprograms
31106000 usd
CY2024Q1 wynn Changeinloyaltyprogramliabilities
Changeinloyaltyprogramliabilities
-2359000 usd
CY2024Q1 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
8457299000 usd
CY2023Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
8459085000 usd
CY2024Q1 us-gaap Land And Land Improvements
LandAndLandImprovements
1229729000 usd
CY2023Q4 us-gaap Land And Land Improvements
LandAndLandImprovements
1228652000 usd
CY2024Q1 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
3347883000 usd
CY2023Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
3311478000 usd
CY2024Q1 us-gaap Flight Equipment Gross
FlightEquipmentGross
110623000 usd
CY2023Q4 us-gaap Flight Equipment Gross
FlightEquipmentGross
110623000 usd
CY2024Q1 us-gaap Construction In Progress Gross
ConstructionInProgressGross
188842000 usd
CY2023Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
162592000 usd
CY2024Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
13334376000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
13272430000 usd
CY2024Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
6727851000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
6583951000 usd
CY2024Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
6606525000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
6688479000 usd
CY2024Q1 us-gaap Depreciation
Depreciation
158100000 usd
CY2023Q1 us-gaap Depreciation
Depreciation
154100000 usd
CY2024Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
11269137000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
11826986000 usd
CY2024Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
90025000 usd
CY2023Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
73744000 usd
CY2024Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
147544000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
162393000 usd
CY2024Q1 us-gaap Long Term Debt
LongTermDebt
11211618000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
11738337000 usd
CY2024Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
1291488000 usd
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
709593000 usd
CY2024Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
9920130000 usd
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
11028744000 usd
CY2024Q1 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
11040000000.00 usd
CY2023Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
11490000000 usd
CY2024Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
11270000000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
11830000000 usd
CY2023Q1 wynn Loyaltyprograms
Loyaltyprograms
37524000 usd
CY2022Q4 wynn Loyaltyprograms
Loyaltyprograms
35083000 usd
CY2023Q1 wynn Changeinloyaltyprogramliabilities
Changeinloyaltyprogramliabilities
2441000 usd
CY2024Q1 wynn Total Customer Contract Liabilities
TotalCustomerContractLiabilities
524973000 usd
CY2023Q4 wynn Total Customer Contract Liabilities
TotalCustomerContractLiabilities
578979000 usd
CY2022Q4 wynn Total Customer Contract Liabilities
TotalCustomerContractLiabilities
541898000 usd
CY2024Q1 wynn Changeintotalcustomercontractliabilities
Changeintotalcustomercontractliabilities
-54006000 usd
CY2023Q1 wynn Total Customer Contract Liabilities
TotalCustomerContractLiabilities
528306000 usd
CY2024Q1 us-gaap Embedded Derivative Gain Loss On Embedded Derivative Net
EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet
16300000 usd
CY2023Q1 us-gaap Embedded Derivative Gain Loss On Embedded Derivative Net
EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet
24900000 usd
CY2024Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.25
CY2024Q1 wynn Dividends Payable Conditional Upon Shareholder Approval Amount Per Share
DividendsPayableConditionalUponShareholderApprovalAmountPerShare
0.075
CY2023Q4 wynn Dividends Payable Conditional Upon Shareholder Approval
DividendsPayableConditionalUponShareholderApproval
50300000 usd
CY2024Q1 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
6000000 usd
CY2023Q1 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
4500000 usd
CY2024Q1 wynn Casinooutstandingchipsandfrontmoneydeposits
Casinooutstandingchipsandfrontmoneydeposits
393603000 usd
CY2023Q4 wynn Casinooutstandingchipsandfrontmoneydeposits
Casinooutstandingchipsandfrontmoneydeposits
433269000 usd
CY2024Q1 wynn Increase Decreaseinoutstandingchipsandfrontmoneydeposits
IncreaseDecreaseinoutstandingchipsandfrontmoneydeposits
-39666000 usd
CY2023Q1 wynn Casinooutstandingchipsandfrontmoneydeposits
Casinooutstandingchipsandfrontmoneydeposits
376911000 usd
CY2022Q4 wynn Casinooutstandingchipsandfrontmoneydeposits
Casinooutstandingchipsandfrontmoneydeposits
390531000 usd
CY2023Q1 wynn Increase Decreaseinoutstandingchipsandfrontmoneydeposits
IncreaseDecreaseinoutstandingchipsandfrontmoneydeposits
-13620000 usd
CY2024Q1 wynn Advancedroomdepositsandticketsales
Advancedroomdepositsandticketsales
82097000 usd
CY2023Q4 wynn Advancedroomdepositsandticketsales
Advancedroomdepositsandticketsales
89640000 usd
CY2024Q1 wynn Changeinadvancedroomdepositsandticketsales
Changeinadvancedroomdepositsandticketsales
-7543000 usd
CY2023Q1 wynn Advancedroomdepositsandticketsales
Advancedroomdepositsandticketsales
80419000 usd
CY2022Q4 wynn Advancedroomdepositsandticketsales
Advancedroomdepositsandticketsales
85019000 usd
CY2023Q1 wynn Changeinadvancedroomdepositsandticketsales
Changeinadvancedroomdepositsandticketsales
-4600000 usd
CY2023Q1 wynn Changeintotalcustomercontractliabilities
Changeintotalcustomercontractliabilities
-13592000 usd
CY2024Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
14369000 usd
CY2023Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
14710000 usd
CY2024Q1 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1302000 usd
CY2023Q1 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
766000 usd
CY2024Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
15671000 usd
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
15476000 usd
CY2024Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
20000000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1000000 usd
CY2024Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2024Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.102
CY2024Q1 wynn Complementary Tax Rate
ComplementaryTaxRate
0.12
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
144216000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
12332000 usd
CY2024Q1 wynn Assumed Conversion Of Wml Convertible Bonds
AssumedConversionOfWMLConvertibleBonds
0 shares
CY2023Q1 wynn Assumed Conversion Of Wml Convertible Bonds
AssumedConversionOfWMLConvertibleBonds
-14566000 shares
CY2023Q1 wynn Corporate Expenses And Other
CorporateExpensesAndOther
34490000 usd
CY2024Q1 us-gaap Share Based Compensation
ShareBasedCompensation
14369000 usd
CY2023Q1 us-gaap Share Based Compensation
ShareBasedCompensation
14710000 usd
CY2024Q1 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
144216000 usd
CY2023Q1 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
-2234000 usd
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
111023000 shares
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
112753000 shares
CY2024Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
310000 shares
CY2023Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
363000 shares
CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
111333000 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
113116000 shares
CY2024Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.30
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.11
CY2024Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.30
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.02
CY2024Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
281000 shares
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
38000 shares
CY2024Q1 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
34170000 usd
CY2023Q1 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
33838000 usd
CY2024Q1 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
20639000 usd
CY2023Q1 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
28764000 usd
CY2024Q1 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
54809000 usd
CY2023Q1 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
62602000 usd
CY2024Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1862909000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1423679000 usd
CY2024Q1 wynn Adjusted Property Ebitda
AdjustedPropertyEbitda
646535000 usd
CY2023Q1 wynn Adjusted Property Ebitda
AdjustedPropertyEbitda
429746000 usd
CY2024Q1 us-gaap Pre Opening Costs
PreOpeningCosts
2035000 usd
CY2023Q1 us-gaap Pre Opening Costs
PreOpeningCosts
4478000 usd
CY2024Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
174933000 usd
CY2023Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
168812000 usd
CY2024Q1 wynn Project Abandonment Costs
ProjectAbandonmentCosts
16948000 usd
CY2023Q1 wynn Project Abandonment Costs
ProjectAbandonmentCosts
2458000 usd
CY2024Q1 wynn Corporate Expenses And Other
CorporateExpensesAndOther
39905000 usd
CY2024Q1 wynn Operating Lease Triple Net Cost
OperatingLeaseTripleNetCost
35404000 usd
CY2023Q1 wynn Operating Lease Triple Net Cost
OperatingLeaseTripleNetCost
35283000 usd
CY2024Q1 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
283594000 usd
CY2023Q1 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
260231000 usd
CY2024Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
362941000 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
169515000 usd
CY2024Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
40172000 usd
CY2023Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
40193000 usd
CY2024Q1 us-gaap Interest Expense
InterestExpense
182404000 usd
CY2023Q1 us-gaap Interest Expense
InterestExpense
187740000 usd
CY2024Q1 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-17914000 usd
CY2023Q1 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
23046000 usd
CY2024Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-1561000 usd
CY2023Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-12236000 usd
CY2024Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-4722000 usd
CY2023Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-30614000 usd
CY2024Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-166429000 usd
CY2023Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-167351000 usd
CY2024Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
196512000 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2164000 usd
CY2024Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
20014000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1018000 usd
CY2024Q1 us-gaap Profit Loss
ProfitLoss
176498000 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
1146000 usd
CY2024Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
32282000 usd
CY2023Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-11186000 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
144216000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
12332000 usd
CY2024Q1 us-gaap Assets
Assets
13470736000 usd
CY2023Q4 us-gaap Assets
Assets
13996223000 usd
CY2024Q1 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q1 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

Files In Submission

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0001174922-24-000082-index-headers.html Edgar Link pending
0001174922-24-000082-index.html Edgar Link pending
0001174922-24-000082.txt Edgar Link pending
0001174922-24-000082-xbrl.zip Edgar Link pending
ex311-ceoscertificationxq1.htm Edgar Link pending
ex312-cfoscertificationxq1.htm Edgar Link pending
ex32ceoandcfocertification.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
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report.css Edgar Link pending
Show.js Edgar Link pending
wynn-20240331.htm Edgar Link pending
wynn-20240331.xsd Edgar Link pending
wynn-20240331_cal.xml Edgar Link unprocessable
wynn-20240331_def.xml Edgar Link unprocessable
wynn-20240331_lab.xml Edgar Link unprocessable
wynn-20240331_pre.xml Edgar Link unprocessable
wynn-20240331_htm.xml Edgar Link completed
FilingSummary.xml Edgar Link unprocessable